Build your professional network on facebook via our app Go to app
 
 
Started by : Purvi Ghosh, Marketing analyst, Percept Advertising   03 22 2010 06:18:37 +0000
Industry : InternetFunctional Area : Growth(Strategy & Execution)
Activity:  89 views;  last activity : 07 06 2010 20:18:09 +0000

As we are slowly emerging from one of our worst-ever recessions, where even the online juggernaut slowed to anemic growth in 2009, publishers are confronted with the fact that print advertising will continue to decline and online growth cannot make up the shortfall.

Social media is advertising in Facebook, MySpace and other social networks is projected to reach $1.4 billion next year, but that is up just a few hundred million from this year. In this market, that is decent growth and not an extraordinary one.

So I would like to ask you all, what’s holding back significant advertising growth around social media?

 
 Refer 816
Share
 
 
  Rate : 
 
 
 
 
  3 2 0
 
 
 
 
 
 
 
 
 
1 2 3
1 Insufficient users in Internet social network
2 Users don't like to see ads on Social networking sites
3 Spread of the internet

Insufficient users in Internet social network

idea posted by George Varghese Proprietor, Jecyees

We can conclude this topic in one answer that there are insufficient users in internet for the social network. A remarkable growth in users are required in this sector for further improvement. Let us wait and it will happen in near future. 

3
0
  

I completely agree with Mr.George first of all there are  many people who own computer but dont have internet access .The potential market at the  Bottom of pyramid will also remain untapped.So for this type of advertisng to gain momentum specially in India will take some time.Awarness regarding this medium is also required,

0
  
by George Varghese, Proprietor, Jecyees  | 03 22 2010 15:51:54 +0000

The internet should be more accessible to common man and the same time educating the benefits of the internet to common man is also highly required.

0
  
by Onkar Datt Sharma, Manager (Technical), Retired  | 04 02 2010 17:27:21 +0000

The best way of increasing the number of net users is "Give free access to broadband to the phone users or reduce its tariff significantly

Add your argument:

Users don't like to see ads on Social networking sites

idea posted by Purvi Ghosh Marketing analyst, Percept Advertising

Users have made it clear that they don’t like seeing ads for cars or technology products while reviewing their family’s holiday photos on Facebook. Marketers also have legitimate concerns about ads appearing alongside highly inappropriate content and the lack of engagement with users. So even in toostep there was debate created on the same lines few days ago where the discussions were heading towards the same

2
1
  

Can you please make this topic geo specific and then share the data accordingly and the source for that data?

Add your argument:

Spread of the internet

idea posted by Jaygopal Raghavan Marketing Manager, Landmark Group

The answer is quite simple. In a country with a large population as our and with literacy rates hovering around 30% how can you expect social media advertising to increase even if internet usage increases.The medium itself is new to most in our country. A large marjority still uses internet as a means to check mail and chat. Even in advanced countries social media hasnt taken of in a major way with advertisers because of the fact that the medium itself is being used as a recreational tool and not a serious one. And when using a recreational tool one doesnt like to see commercial messages.

Also the fact that in india community gathering is still prevalent and here i mean real life communities and not internet based ones. Only in the west internet community values are placed higher than real life communities because there the societ itself is depraved and doesnt have any soical values which is a reason why there increasingly virtual communities, social communities et al are gaining popularity.

Thanks to our indian bonnds of family ties, our real life community is still vibrant and alive. We havent deteriorated to that extent to switch to online communities. Hence it will take a long time before ad spends can indeed pick up in india. Till that time its the good ol newspaper, Radio and TV in that order. 

0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "What’s holding back significant advertising growth around social media?" ? Click here to add a new idea...

Found the idea contest "What’s holding back significant advertising growth around social media?"  interesting ?  Click here to refer to your connections and communities
 
Viewers also viewed
Yes vs No
 
0 referals 5 arguments, 173 views
People can say anything on their own wall (facebook). they can tweet whatever they want and they...
 
2158 referals 25 arguments, 669 views
Social Media is an Expense for Midsize B2B company  -          Social Media has everything to do...
 
569 referals 12 arguments, 442 views
more...  
Recent Knowledge (2)
When we are watching news channels or any other channel or reading news papers you bump upon...
 
2022 referals 11 votes, 200 views
we all know the perils of talking on cell phones while driving. besides being hazourdous to...
 
290 referals 2 votes, 36 views
more...  
More From Author
Many brands become stagnant and then they die. What to do if you want to give it a new start ? Relaunching a brand can be difficult so what should be the first few steps in doing so ? Same can be applicable to other brands too which are not dead...
You can try team building exercises, some workshops and leadership programs which will help your team to perform better.
Indians are yet to explore a lot in internet world. While we get everything we want from stores near our homes but shopping from home is a different experience. I have seen that finding a product online in india is a bit difficult and it take...
more...